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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Woodburn at 4855 Carson Ct, Woodburn, IN, 46797 offers a 9.68% rental yield on a $299,900 purchase with $2,419/mo rent. Total monthly income registers $2,419/mo, and a $1,468/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,423/yr on $99,417 to close, and return on cash invested stands at 27.38% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 142.65% and total cumulative return in cash at $141,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,419/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,218 (80.2%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 79 ( 5.2%) |
| Median Home Value | $276,336 |
| Average Home Value | $325,562 |
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $299,900 |
| 2023-05-18 | Sold | $284,900 |
| 2023-05-01 | Pending sale | $284,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $230.82 | N/A | $284,300 | 460.75% |
| 2023-05-29 | N/A | N/A | $50,700 | N/A |
Listed by: Darlene Bullock • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
